Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported Inspection time Wait time (from order to start of production) Process time Move time Queue time 0.4 days 15.7 days 3.3 days 0.8 days 3.7 days Required 1. Compute the throughput time. (Round your answer to 1 decimal place.) hroughput time days 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your answer to the nearest whole percentage (i.e., 0.12 should be entered as 12).) Manufacturing cycle efficiency 3. What percentage of the throughput time was spent in non-value-added activities? (Round your answer to the nearest whole percentage (i.e., 0.12 should be entered as 12).) Non-value-added throughput time 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) Delivery cycle time days 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do not round intermediate calculations. Round your answer to the nearest whole percentage (i.e., 0.12 should be entered as 12).) New manufacturing cycle efficiency
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!